Cash Reserve Ratio in Nigeria remained unchanged at 27.50 percent in January from 27.50 percent in December of 2021. source: Central Bank of Nigeria

Cash Reserve Ratio in Nigeria averaged 14.78 percent from 2007 until 2022, reaching an all time high of 31 percent in May of 2015 and a record low of 1 percent in April of 2009. This page provides - Nigeria Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Cash Reserve Ratio - values, historical data and charts - was last updated on January of 2022.

Cash Reserve Ratio in Nigeria is expected to be 27.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Cash Reserve Ratio is projected to trend around 25.00 percent in 2023, according to our econometric models.

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Nigeria Cash Reserve Ratio

Related Last Previous Unit Reference
Interest Rate 11.50 11.50 percent Jan/22
Cash Reserve Ratio 27.50 27.50 percent Jan/22
Interbank Rate 9.06 9.06 percent Jan/22
Money Supply M1 18161339.38 17118885.10 NGN Million Dec/21
Money Supply M0 3325158.00 3148591.60 NGN Million Dec/21
Money Supply M2 43946387.71 42572203.40 NGN Million Dec/21
Foreign Exchange Reserves 40530.00 41190.00 USD Million Dec/21
Deposit Interest Rate 5.02 4.80 percent Oct/21
Money Supply M3 42576322.34 41475250.51 NGN Million Nov/21
Lending Rate 11.61 11.73 percent Oct/21